Credit Libanais SAL, which aims to meet the needs of each customer throughout its lifecycle, operates as a global provider providing a full range of banking products and services channeled through an extensive network of 69 branches, an Islamic banking, a financial institution, a leasing and an insurance company subsidiaries in Lebanon, full-fledged branches in Limassol, Cyprus; Manama, Bahrain, Irbil and Baghdad, Iraq, and a Representative Office in Montreal, Canada as well as a banking subsidiary in Senegal, which paves the way for expansion in all eight states of the economic zone of West Africa.

The Bank also is a pioneer in the field of e-banking and reaps the benefits of a large network of international correspondents around the globe.

Bank's Ownership

Credit Libanais was established in July 12, 1961, as a Lebanese joint stock company. The Bank's ownership is split between CIH BAHRAIN INTERNATIONAL HOLDING SAL controlling 35.06% of the share capital and EFG HERMES CL HOLDING SAL with a 9.46% stake .The remaining 55.48% is owned by over 1,000 individual shareholders, including investment companies, individuals, executives and employees of the Bank, each with less than 5%.

Activities

The Bank offers its customers specialized financial products and services, through its activities and those of its numerous subsidiaries, a wide array of products and services, including retail, corporate, investment and Islamic banking, leasing, micro-finance, insurance as well as Small and Medium Enterprises (SMEs) funding. The Bank is a pioneer in e-banking services, operating a wide network of ATMs and POS, an advanced Call Centre and internet banking services that allow customers easily and securely access the Bank, wherever they may be in the global village.

The Bank is a pioneer in the field of innovative technological services, including Internet banking, Customer Service Center, Phone banking, and Mobile banking. This strategy is in line with our customer focus policy which aims at providing customers with convenient access to the Bank from the privacy and comfort of their homes or offices.

Credit Libanais also furnishes quality standards in capital markets and private banking products and instruments, traded on both domestic and international markets. The Bank is an active participant in the co-management of all sovereign Eurobonds issues and is considered a major market maker on the Lebanese fixed income securities market.

Cooperation and Partnerships

Credit Libanais has strategic cooperative partnerships with numerous international bodies:

the Arab Trade Financing Program (ATFP)

the European Investment Bank (EIB)

the International Finance Corporation (IFC)

To offer you a professional edge, Credit Libanais also teams with Kafalat sal to provide competitive financing schemes for Small and Medium Enterprises operating in the industrial, tourism, agricultural, technological and traditional crafts sectors. In addition to all this, the Bank has an alliance with Berytech, Lebanon's leading incubator, in an endeavor to promote, develop and maintain venture capital operations (mainly start-ups) in Lebanon.

Philosophy

At Credit Libanais, we aim to become the bank of choice for clients and banking professionals in Lebanon. In light of this, we continue to enhance our already established reputation as a successful and innovative financial institution which embodies the core values of customer focus, teamwork, quality, and performance.

To succeed in our corporate mission, we have developed a new approach to servicing retail customers and marketing our many products. We have turned each branch into a one-stop-shop that offers you a wide variety of products and services to meet your specific needs. In conjunction with this, we also offer our corporate clients personalized attention via assigned Relationship Managers who provide tailor-made solutions to meet their needs.

Credit Libanais has re-aligned our organizational structure to enhance our customer-centric approach to banking. Our new structure fosters decentralization of responsibilities and properly defines the relationship and accountability among business units.

Credit Libanais will continue to maintain a leading position in technological developments and the credit card enterprise. In this way, we will develop further our core business activities by emphasizing both fee-based and non-interest income.

We believe that employees are our most valuable assets. Teamwork and cooperation among divisions are key to delivering superior quality service. Our culture is performance-based allowing each unit to set its business objectives and align rewards with performance.

The firm perseverance and diligence of Credit Libanais's team (from management to junior employees) are the solid foundations the Bank builds on for sustainable growth and a promising future for stakeholders and employees alike. A future that sees the Bank as one of the best performing banks in the industry with the highest standards of quality services that satisfy clients in Lebanon and worldwide.